CHIPS Bill: US President Joe Biden to Sign Bill to Boost US Semiconductor Industry on August 9

CHIPS Bill: US President Joe Biden to Sign Bill to Boost US Semiconductor Industry on August 9

US President Joe Biden next Tuesday will sign a bill to subsidize the US semiconductor industry and boost efforts to make the United States more competitive with China, the White House said on Wednesday. The legislation aims to alleviate a persistent shortage that has affected everything from cars, weapons, washing machines…